Hotel MyStays Kamata

  • Property Details
  • Overview
Property Details [  –  ]
Number of Guest rooms 116
Car park facilities 6 car park lots
Land area 497 sq m
Title Freehold
Vendor AKH GK, an indirect wholly-owned subsidiary of Real Estate Capital Asia Partners III L.P.
Purchase price at 19 December 2014 ¥2.60 billion
Valuation (1) as at 31 December 2016 ¥2.74 billion
Hotel Management Agreement Details [  –  ]
Operator MyStays Hotel Management Co., Ltd.
Term of Hotel Management Agreement Expires on 18 July 2019 (automatically renewed for 3-year term unless notice of termination given by either party)
FY 2015 Key Financials [  –  ]
Gross Hotel Revenue (2) S$4.4 million (3) (¥390.6 million)
Net property income (2) S$2.4 million (3) (¥210.5 million)
Average occupancy rate 90.5%
  • (1)The Japan Hotels were valued by Cushman & Wakefield K.K. using a combination of the Capitalisation and Discounted Cash Flow approaches.
  • (2)As the Japan Hotels were acquired on 19 December 2014, contribution from the hotels for FY 2015 includes the last 13 days of 2014.
  • (3)Based on the average exchange rate of S$1.00 = ¥88.50.

5-46-5 Kamata, Ota-Ku, Tokyo

  • Guest Room

    116
    Guest Rooms

  • Land Area

    497 sq m
    Land Area

  • In Valuation

    ¥2.74 billion
    In Valuation

Hotel MyStays Kamata is a business (economy) hotel, located near to Keikyu-Kamata Station which is only a 10-minute train ride from Haneda Airport. It is within 4 minutes to JR Kamata Station and Tokyu Kamata Station where there are convenient access to major core cities such as Shinagawa, Kawasaki, Yokohama and Shibuya. The hotel's cosy rooms with refined interiors offer a comfortable environment for guests who are travelling alone or otherwise. The hotel also has 25 rooms equipped with kitchenettes, suitable for long-stay guests.

Notable accolades include:

  • TripAdvisor Certificate of Excellence (2014 - 2015)

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